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Ontario’s economic outlook brightens but immigration targets increase risks

Ontario’s economic outlook brightens but immigration targets increase risks

Recent changes to the federal immigration plan weren’t accounted for in the underlying economic assumptions, adding downside risk to the fiscal...
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Falling inflation, rising jobless rate usher in easing cycles in Canada and abroad

Falling inflation, rising jobless rate usher in easing cycles in Canada and abroad

The Canadian economy has continued to underperform global peers with declines in per-capita output in seven of the last eight quarters.
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Rate cuts won’t spur immediate rebound in Canada’s economy

Rate cuts won’t spur immediate rebound in Canada’s economy

The global economic growth backdrop has shown signs of improvement, but Canada’s economy continues to underperform.
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Federal Budget 2024: Lack of spending restraint offset by revenue surprise and tax hikes

Federal Budget 2024: Lack of spending restraint offset by revenue surprise and tax hikes

Budget 2024 showed a slightly worse bottom line throughout the federal government’s fiscal plan compared to previous estimates but kept the deficit...
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<b>Manitoba Budget 2024:</b> Deficit cut in half but debt burden continues to grow

Manitoba Budget 2024: Deficit cut in half but debt burden continues to grow

The provincial debt burden is expected to be the heaviest on record, reaching 39.1% of gross domestic product by fiscal 2025-26.
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<b>Ontario Budget 2024:</b> Balancing priorities, not the books

Ontario Budget 2024: Balancing priorities, not the books

Province anticipates $9.8 billion deficit, scrapping last year’s plan for a surplus ($200 million) in 2024-25. Return to balance has been delayed...
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<b>Newfoundland and Labrador Budget 2024: </b>Higher spending leads to another year of deficits

Newfoundland and Labrador Budget 2024: Higher spending leads to another year of deficits

Newfoundland and Labrador projects a $152 million budget shortfall in 2024-25, scrapping surplus plans for the upcoming fiscal year. Revenues are set...
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<b>Saskatchewan Budget 2024: </b>Record spending ends surpluses

Saskatchewan Budget 2024: Record spending ends surpluses

A $483 million deficit now replaces the previous billion-dollar surplus projection in 2023-24 after an unexpected surge in crop insurance claims grew...
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<b>New Brunswick Budget 2024:</b> Planning a surplus for the seventh year in a row

New Brunswick Budget 2024: Planning a surplus for the seventh year in a row

New Brunswick projects a $41 million surplus in 2024-25—marking the seventh year it’s kept the books in the black.
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<b>Quebec Budget 2024:</b> Red ink as far as the eye can see as deficit hits record

Quebec Budget 2024: Red ink as far as the eye can see as deficit hits record

Quebec expects deeper budget deficits over the next six years and delays plan to return to a balance to 2029-2030.
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Canadian economic slowdown is not over

Canadian economic slowdown is not over

The Canadian economy is still slowing as the lagged impact of earlier interest rate increases materialize. Gross domestic product edged higher in Q4...
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<b>Prince Edward Island Budget 2024:</b> Affordability and healthcare remain priorities

Prince Edward Island Budget 2024: Affordability and healthcare remain priorities

E.I. deficit to linger around the year-ago level ($86 million) in fiscal 2024-25 with no plans for balance over the fiscal planning horizon.
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